TORONTO, Oct. 22, 2018 /CNW/ - SPOT COFFEE
(CANADA) LTD. (TSX-V: SPP) ("SPoT" or the "Company") announces the issuance of 810,000
common shares at a price of C$0.10 per share to a service provider in respect of the provision of
various services, including but not limited to analyst research, media creation and web development. All of the common shares
issued today are subject to a statutory four-month hold period in accordance with applicable securities laws, which will expire
on February 23, 2019.
About SPoT Coffee
SPoT Coffee trades on the TSX Venture Exchange under the symbol SPP. SPoT designs, builds, operates and franchises community
oriented cafés and express cafés in New York State. SPoT's community cafés provide its customers
with the highest quality service, signature made-to-order meals and award-winning micro-roasted coffee. Each SPoT café is
distinctively designed to suit its local neighbourhood, creating a warm and friendly gathering place for the community. SPoT's
commercial business focuses on the sale of roasted coffee beans to food service and grocery chains, business offices and third
party resellers such as universities and hospitals
Forward Looking Statements
Except for statements of historical fact relating to the Company, certain information contained herein constitutes
forward-looking statements. Although we believe that the expectations reflected in the forward-looking information are
reasonable, there can be no assurance that such expectations will prove to be correct. We cannot guarantee future results,
performance or achievements. Consequently, there is no representation that the actual results achieved will be the same, in whole
or in part, as those set out in the forward-looking information.
Forward-looking statements are based on the opinions and estimates of management at the date the statements are made, and
are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ
materially from those projected in the forward-looking statements. The forward-looking information contained in this news release
is expressly qualified by this cautionary statement. Except as required by applicable securities laws, the Company undertakes no
obligation to update forward-looking statements if circumstances or management's estimates or opinions should change. The reader
is cautioned not to place undue reliance on forward-looking statements.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or accuracy of the release.
SOURCE Spot Coffee (Canada) Ltd.
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